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R6,700,000

Beautiful Guest House for Sale

Beautiful and charming guest house for sale in Arcadia

This beautiful and well-known 4 Star graded Guest House was established in 1995 and came under new management by the current owners in March 2000. The house is situated on two title dead's properties with a total erf size of 2000 m2, and two Guest houses with total size of 1271 m2.

This excellent business opportunity is selling as a running concern in the name of the PTY(LTD) - a Vat vendor – with only one asset which is the property.

Including the furniture, the selling price is excluding VAT with No transfer costs

The main residence was built in Dutch style in 1929, by architect, builder, and painter, Henk Horstmanshof, and declared a Provincial Heritage site The house is characterized by the well-preserved original stained glass front door and windows, and its unique architecture.

One can enjoy the tranquility of this popular residence frequently visited by business executives, diplomats, as well as local and international travelers.

There are 12 individually styled bedrooms or a self-catering cottage with full kitchenette. All the rooms have separate entrances and private patios, on which guests can enjoy the South African sunshine! Each bedroom is comfortably furnished, en-suite, and fully equipped with a Satellite TV, Telephone, air-conditioning, Hair dryer, Tee/Coffee tray, and Mini Bar Fridge. The rooms are all equipped with a safe to lock away valuables.
Although a Bed & Breakfast establishment, delicious candle-lit dinners can be arranged on request.
Scrumptious buffet-style breakfasts are served daily in the sunny breakfast room. Braai facilities are also available. A same-day laundry service is available and there is ample and safe parking provided.

Security is excellent as the premises are covered by CCTV cameras. The Conference facility can cater for up to 12 Delegates, and consists of a Plasma screen for Laptop presentations, a whiteboard, as well as a DVD player with Surround sound.

The Wine Cellar is part of the original house and has a lot of character. Guests can choose a wine from the cellar to enjoy with that special meal, or just enjoy a glass of wine in front of the fireplace.

Guests can relax in the Guest lounge, cool down in the Swimming pool, or enjoy the tranquility of the beautiful garden. Business rights, liquor license and 4 stars grading are all in place with Certification. The property also includes a borehole.

Apart from the 12 bedrooms, there is also lots of office space.

The Guest House is conveniently located on the Gautrain route, with a Gautrain Bus stop across the entrance of the Guesthouse The Guest House is also located within close proximity of the following attractions:
Within 1 km: Union Buildings, Loftus Versveld Sports Stadium with the up market Loftus park shopping mall with restaurants, Virgin active Gym and supermarkets, Eye Institute, Hart Hospital, University of Pretoria, Art Gallery, Hatfield Business Centre with ample Shops, Cinemas and Restaurants, Boys & Girls High and Afrikaans Boys and Girls High schools

Within 2-3 km: Meulmed Hospital, Munimed Hospital, Urology Hospital, Most Embassies, Little Company of Mary Hospital, Stare Theatre, Pretoria City Centre.

Features

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0
Zoning:
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
1,271m²
Land Size
2,000m²

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

95,159.74

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